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      05-10-2023, 03:38 PM   #5
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Shopify's just the platform, but the service or good(s) sold can be anything.

I vaguely recall an old statistic from business school back in the day that stated restaurants in particular had the highest success rates of any other industry at 50%. Since as you said, it fulfills a basic human need.

Quote:
Originally Posted by calle14 View Post
I used to think that the market for Shopify businesses was already saturated and that it was too competitive for new businesses to make it. However, I recently discovered that my aunt launched a local bakery a few months ago and it's actually thriving. Her success got me thinking about the profitability of food-industry-related businesses since it's a basic human need to eat and, therefore, it's always in demand.
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